KULR Technology Group Inc (AMEX:KULR) price closed lower on Monday, April 15, dropping -27.32% below its previous close.
A look at the daily price movement shows that the last close reads $0.80. Taking into account the 52-week price action we note that the stock hit a 52-week high of $1.10 and 52-week low of $0.10. The stock added 242.47% on its value in the past month.
KULR Technology Group Inc, which has a market valuation of $77.55 million. Analysts tracking KULR have forecast the quarterly EPS to shrink by -0.03 per share this quarter, while the same analysts predict the annual EPS to hit -$0.13 for the year 2024 and up to -$0.05 for 2025. In this case, analysts estimate an annual EPS growth of 35.00% for the year and 61.50% for the next year.
On average, analysts have forecast the company’s revenue for the quarter will hit $4.8 million, with the likely lows of $4.6 million and highs of $5 million. The average estimate suggests sales growth for the quarter will likely rise by 172.70% when compared to those recorded in the same quarter in the last financial year. Staying with the analyst view, there is a consensus estimate of $28.24 million for the company’s annual revenue in 2024. Per this projection, the revenue is forecast to grow 187.30% above that which the company brought in 2024.
Revisions to the company’s EPS highlights a short term direction of a stock’s price movement, which in the last 7 days came up with — upward and — downward reviews. On the technical perspective front, indicators give KULR a short term outlook of 100% Buy on average. Looking at the stock’s medium term indicators we note that it is averaging as a Hold, while an average of long term indicators are currently assigning the stock as 50% Buy.
The overview shows that KULR’s price is at present 21.15% off the SMA20 and 109.40% from the SMA50. The Relative Strength Index (RSI) metric on the 14-day timeframe is pointing at 56.58, with weekly volatility standing at 18.69%. The indicator jumps to 29.17% when calculated based on the past 30 days. KULR Technology Group Inc (AMEX:KULR)’s beta value is holding at 0.74, while the average true range (ATR) indicator is currently reading 0.12.
An analysis of the KULR Technology Group Inc (AMEX:KULR) stock in terms of its daily trading volume indicates that the 3-month average is 10.99 million.
Current records show that the company has 133.90M in outstanding shares. The insiders’ percentage holdings are 27.47% of outstanding shares while the percentage share held by institutions stands at 4.44%. But the 214.70% upside, the stock’s price has registered year-to-date as of last trading, will likely reignite investor interest given the prospect of it rallying even higher.
